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- Tue Apr 16, 2019 5:37 pm
- Forum: Econometric Discussions
- Topic: Testing for economic convergence
- Replies: 0
- Views: 3826
Testing for economic convergence
Hi folks, I am running a panel regression with the growth rate of per capita income as the dependent variable. As is standard in the literature, I want to control for the initial level of per capita income (which in my case is the per capita income in 1970). How do I include this convergence term in...